Customs Officer Killed by Smugglers in Ogun State Ambush
A Nigeria Customs Service officer was fatally shot by suspected smugglers in Ogun State, highlighting the persistent risks faced by […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
AEDC Cites National Grid Supply Shortage for Outages
The Abuja Electricity Distribution Company (AEDC) has attributed recent widespread power outages across its operational territories to insufficient energy supply
Epstein Links Prompt WEF Probe of CEO Borge Brende
The World Economic Forum (WEF) has launched an independent review into its chief executive, Borge Brende, to examine his past
CIBN Commends Abia Governor Otti for Economic Progress
The Chartered Institute of Bankers of Nigeria (CIBN) has praised Abia State Governor Alex Otti for the state’s economic and
African Business News
Naira Depreciates Against Dollar After Two-Day Gain
The Nigerian naira weakened against the US dollar on the official foreign exchange market on Thursday, reversing a two-day streak
Bitcoin Crashes 40% Since Trump Took Office, Below $63K
Bitcoin’s value has declined sharply, falling to $62,576 on Thursday—its lowest level since September 2024—and erasing nearly half of its
Nigeria Unveils Gas-to-Power Reforms to Boost Industry
The Nigerian government has announced a comprehensive strategy to address chronic challenges in its gas-to-power sector, while simultaneously expanding a
Dangote Refinery: Coastal Logistics May Push Petrol to N1000
Dangote Refinery has cautioned that opting for coastal logistics to distribute its fuel could add approximately N75 per litre to
Naira-for-Crude Dangote Refinery Success, 65% Crude Imports
Dangote Refinery CEO Hails Naira-for-Crude Deal as Successful, But Reliance on Imports Persists The CEO of Dangote Refinery, David Bird,
Nigerians 95% Lack N500k as T-Bill Subscriptions Surge
A Nigerian financial analyst has challenged the celebratory response to record-high Treasury Bill yields, arguing that such gains benefit only
Data Privacy MoU: NCC, NDPC Strengthen Telecom Enforcement
The Nigerian Communications Commission (NCC) and the Nigeria Data Protection Commission (NDPC) have formalised a partnership to strengthen data privacy
NNPC Focus on Financing EPC Operations for Refineries
NNPC Outlines Three-Pronged Strategy to Reactivate Nigerian Refineries The Nigerian National Petroleum Corporation Limited (NNPC Ltd) has identified financing, a